Tesla Fires German Supplier, Says It’s Not To Please Trump

Last Tuesday, shares of SHW, a maker of engine pumps and brake discs, plummeted when the company announced that a maker of fully electric cars had canceled an order of parts worth more than $100 million.  Today, Californian carmaker Tesla Motors confirmed that it was behind the order, “but denied the move has anything to do with U.S. President Donald Trump’s economic policies,” as Germany’s Handelsblatt wrote today.

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